Many people seem to have a somewhat hostile attitude toward Indian and Chinese IT workers and engineers. The reality is both countries understand the value of human capital. University educations are not as prohibitively expensive as the are in the west and most are state subsidized. The enterence exams are competative and the institutions of those countries produce fine engineers, doctors and business majors.
Our Universities are a jobs program for lazy Marxists who contribute no useful scholarship. American students are burdened with a mostly useless 64 credit liberal arts base. Indian business majors learn cost accounting and ours read Rigoberta Menchu. In fact a greater case can be made for graduates with useless degrees to have a business base than for business majors to have a liberal arts base. A degree in sociology prepares one to do what, flip burgers, study caligraphy in Saudi Arabia
or watch obscure movies.
Our students leave the Universities with worthless paper and mounds of debt. Meanwhile companies who want workers with valuable skills and training turn to India and China. Their colleges somehow manage to turn out fine hard working graduates who are well prepared and understand teamwork. Even Iran does not add as much political
garbage to their degrees a student takes one or two courses in Islam and that is it.
Human capital, stable governance and respect for law are the key factors in economic growth. India is an example of a rising economy due to the investment in human capital. China's growth has come mostly by ditching Marxism. The political hegemony
is still present but that is due to the fact that Marxism itself was a thinly guised theft scheeme with useless flowery rhetoic. The politicos have entrenched and enriched themselves by ditching the economic bunk while retaining the classic party
cleptocracy. The key to China's growth has been stability and human capital. An investor in China knows his investment is protected by law. There is little such protection under Comwad Chavez and people and investments are fleeing his misrule.
American companies are reacting to the low quality graduates by hiring H1b candidates. Our universities have failed to respond to the global economy by reforming the Liberal arts base and making Professors work for their lofty salaries.
If we do not fix higher education than the Indians and Chinese are more than capable
of providing high quality graduates. Do not blame India for reacting to the global economy and undersdtanding the value of human capital. Those who do not adapt to changing conditions become fossils.
Beamish in 08, Ducky to Gitmo and Superfly John Brown to Bellvue.